Why lease a Maserati?
The three most popular models of Maserati are the Ghibli, Gran Turismo, and Quattroporte, all of which are popular leases. These vehicles are leased more often than more common consumer vehicles because they are expensive to purchase and appeal to people who enjoy trading vehicles every couple of years. Leasing offers a good solution.
Lease residual values (future resale values) are relatively high for most exotic cars such as Maserati, which means lease payments are relatively low for vehicles in the high price range bracket. Furthermore, customers of such vehicles typically don’t drive an excessive amount of miles, making leasing that much more attractive.
Maserati Lease versus Buy Comparison
We’ll take a look at the cost of leasing a Maserati compared to the cost of buying with a loan.
The car we’ll look at is the Maserati Ghibli sedan with 345 HP twin turbo-charged engine and 8-speed automatic transmission.
At the time of this writing, this vehicle has a MSRP sticker price of $78,883. For comparison purposes, we’ll use a loan interest rate of 4% (equivalent to a lease Money Factor of .00167) and a loan/lease term of 36 months. We’ll assume a lease residual value of 60% of MSRP ($47,330) based on 10,000 miles a year, which is typical for this vehicle.
We’ll assume a $4000 down payment (cap cost reduction), and a lease acquisition fee of $795 which are typical for this vehicle.
We’ll ignore sales tax for this scenario since tax rates vary by location and the way in which tax is applied to leases depends on the state in which the lessee lives.
Maserati Loan Cost
Using our Car Loan Calculator, we plug in the numbers and find that monthly loan payments will be $2092.75. for a 36 month loan. Total cost, including interest, is $79,339. Payments drop to $1600.47 for a 48 month loan and $1305.42 for a 60 month loan.
Maserati Lease Cost
Using our Lease Payment Calculator, we enter the numbers for our lease and find that monthly lease payments will be $904.12 for a 36 month lease. Total cost, including finance charges, is $32,548.
At the time of this writing, Maserati dealers are offering a special limited-time promotional lease deal on this Ghibli with a $769/month payment, which is a great deal on this fine vehicle.
Conclusions
Comparing the 36 month lease with the 36 month loan, we find that lease payment amount is only 43% — less than half — of loan payment amount for this Maserati Ghibli. Even compared to a long-term loan of 60 months, lease payments are still only 69% of loan payments.
If the car manufacturer is offering special lease deals on the vehicle, the savings are even greater.
In order to qualify for special leases and low loan interest rates, customers must have excellent credit and a high credit score. Get a Dark Web Scan and your Experian Credit Report for FREE!. Don’t let dealers know more about your credit than you know yourself.